the ETS Public Information Sessions 31 August to 14 September 2018 - - PowerPoint PPT Presentation

Public Information Sessions 31 August to 14 September 2018

ETS Forestry Package Consultation: Operational Improvements to Forests in the ETS

• Participant feedback from the previous

consultation

• Daily interaction with ETS participants: what

works and what doesn’t

• The Mandatory Emissions Returns in the first

six months of 2018

Approach to analysis

1

• Three groups of changes
• Significant
• Linked to averaging
• Minor and technical

Overview of the changes

2

• Focus today on:
• More certainty on land classification
• Pre-1990 forest offsetting
• Redefining the Mandatory Emissions Reporting Period (MERP)
• Opportunity to discuss the other 23 proposals and any other points later
• Remember to submit on these issues to etsconsultation@mfe.govt.nz

Overview of the changes

3

• Current approach creates uncertainty for all forest owners

and is a constant issue for land owners

• Proposal is to enable the Crown to publish a map of how the

ETS classifies the land, and this is the first reference for registration

• Emissions rulings can then be used to clarify areas where

land owners disagree with the map.

• Map would be updated periodically: if the map changes

registered land would not be reassessed

More certainty on land classification

4

• Introduced to allow flexibility to pre-1990 forest owners, so

they can ‘move’ a forest without deforestation liabilities

• Current implementation is inflexible and creates high risk for

land owners

• Proposed fixes:
• Consistent time frames for all applications
• Ability to redefine areas in the application
• Carry over of ‘unused’ offset forest to a future application

Pre-1990 forest offsetting

5

• We need to align the MERP to the international reporting

timeline

• This will assist with:
• NZ’s compliance with our international targets
• The ETS unit supply work MfE discussed this morning
• Linked to averaging as the transition of any forest may be

easier at the MERP end when we collect the information

• n the forest

Redefining the Mandatory Emissions Reporting Period (MERP)

6

• Portal for submissions, due 5pm 21 September

http://www.mfe.govt.nz/consultation/ets

• Improvement to the New Zealand Emissions Trading Scheme

http://www.mfe.govt.nz/publications/climate-change/improvement-new-zealand-emissions-trading-scheme

• A better Emissions Trading Scheme for forestry

http://mpi.govt.nz/news-and-resources/consultations/a-better-ets-for-forestry/

• Contact for forests in the ETS

climatechange@mpi.govt.nz

Contacts